Indian markets have limited upside in the near-term; buy the dips: Nomura

Indian equity markets have a limited upside potential in the near-term as they negotiate the ensuing cyclical slowdown, wrote analysts at Nomura in a recent coauthored report led by Saion......

HDFC - HDFC Bank merger: What's in store for the shareholders?

HDFC and HDFC Bank’s merger – touted as India's biggest-ever corporate merger – pumped up shares of the two entities on the bourses. Photograph: Danish Siddiqui/Reuters Shares of......

FMCG, consumer durables and auto sector may see fall in demand

The biggest headwind to the consumption story in FY23 is a sharp decline in government subsidies on food, fertiliser and fuel, and overall decline in revenue expenditure net of interest payments.......

Valuation of top IT firms way above earnings growth trend

Combined m-cap of top five firms up 87% since March ‘20, against 6.2% net profit growth in FY21. India’s top IT companies have shown a hiatus between their performance on the bourses......